GME May 2024 25.000 call
| Previous Close | 4.0300 |
| Open | 0.7800 |
| Bid | 0.0200 |
| Ask | 0.0300 |
| Strike | 25.00 |
| Expire Date | 2024-05-17 |
| Day's Range | 0.0200 - 1.2900 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 12.49k |
- Yahoo Finance Video
Walmart CFO, Fmr Home Depot CEO, & more: C-Suite Insights
Yahoo Finance sat down with executives across a variety of industries. Here are some of the key moments: tastylive Founder and CEO Tom Sosnoff (00:00:05) tastylive Founder and CEO Tom Sosnoff discusses the recent surge in GameStop (GME) shares. “This is not going to be a repeat of 2021 and that whole… crazy meme stock explosion,” Sosnoff notes. “I think this is going to be... a much more muted version of what we saw… I do not think this is 2021 all over again.” The Vitamin Shoppe CEO Lee Wright (00:00:49) The Vitamin Shoppe CEO Lee Wright discusses how the company’s “expanding the ecosphere of what The Vitamin Shoppe offers to both existing and new customers” with its new GLP-1 program. On the state of the consumer, Wright notes, “we are seeing a consumer that is a bit strained right now, they are feeling pressure, they’re looking for more value.” Former Home Depot CEO Bob Nardelli (00:01:11) Former Home Depot CEO Bob Nardelli explains that “some of the discretionary projects that were done during COVID, post 9/11, when the home became a sanctuary, are now being deferred,” as Home Depot's (HD) first quarter earnings missed revenue estimates. Thrive Market CEO Nick Green (00:01:50) Thrive Market CEO Nick Green notes that “people are looking for ways to save.” “People have gotten hit, they’re feeling it. It’s even more acute on certain kind of staples.” Walmart CFO John David Rainey (00:02:11) Walmart (WMT) CFO John David Rainey notes that “the consumer has been relatively consistent,” as the company reported first quarter earnings. “We see that wallets are still stretched, they’re still looking for value, they’re still using discretion with buying those... higher income items.” For more expert insight and the latest market action, click here. This post was written by Mariela Rosales.
- Yahoo Finance Video
Meme stocks return: Yahoo Finance Reports
GameStop's stock recently experienced a dramatic surge, reminiscent of the 2021 meme stock phenomenon. On May 13, 2024, GameStop (GME) shares skyrocketed more than 70% in just one day, reviving memories of the retail investor frenzy that captivated the financial world three years ago. This unexpected spike was triggered by a viral social media post from "Roaring Kitty," a key player in the initial meme stock craze. The stock plummeted more than 20% just a few days later when the video game retailer announced plans to issue more shares and released disappointing preliminary first quarter results. YouTube Host Matt Kohrs observed the similarities to past GameStop stock action noting, "it's very similar to 2021, this is the resurgence of meme mania." Financial Insyghts President Peter Atwater warned it may indicate a potential market downturn. "The meme stock trade tends to only occur at extremes of sentiment... this is another moot indicator that the markets are reaching a point where we should expect some sort of a meaningful pullback." tastylive Founder and CEO Tom Sosnoff explains that does not see the relation to the 2021 GameStop event, "I don't look at this at all like I did it 2021...this is all the players just transitioning or moving into something that's actually active." Wedbush Equity Research Managing Director Michael Pachter warned investors of Gamestop's future. "They're going to see continued declines, there is nothing big coming out this year...lots of headwinds for them and I don't see any way out of it." For more expert insight and the latest market action, click here. This post was written by Colin Webb.
- Yahoo Finance Video
Microsoft's Game Pass is bad news for GameStop investors
GameStop (GME) shares are sliding further as this past week's reinvigorated meme stock trade begins to wane and the retailer files to sell 45 million shares of its additional stock. Wedbush Equity Research Managing Director Michael Pachter comes on Catalysts to talk about GameStop's future — expecting further declines in the stock despite any messaging from X (formerly Twitter) user Roaring Kitty — and what Microsoft's (MSFT) Game Pass service could mean for the video game retailer. "The big news today, which is a Wall Street Journal exclusive speculation that Call of Duty will be on Game Pass," Pachter tells Yahoo Finance. "I can confidently tell you that anybody who's a Game Pass subscriber would be an idiot to buy Call of Duty. they won't. So Call of Duty sales will be lower this year, it wasn't on Game Pass last year." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
